Personal Finance Vocab

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Across
  1. 2. A bond issued by a state or local government or municipality to finance such improvements as highways, state buildings, libraries, parks, and schools.
  2. 4. Person or institution to whom money is owed.
  3. 5. Market in which money is lent for periods longer than a year.
  4. 6. Portion of stock.
  5. 10. A card used to withdraw money.
  6. 12. The amount of money borrowed.
  7. 17. The government agency that insures customer deposits if a bank fails.
  8. 19. The price paid for the use of borrowed money, or money earned by deposited funds.
  9. 20. The money in checking accounts.
  10. 22. Bank that belongs to the Federal Reserve System.
  11. 24. A bank chartered, or licensed, by the national government.
  12. 25. Market in which money is lent for periods less than one year.
  13. 26. A bond that a corporation issues to raise money in order to expand its business.
Down
  1. 1. Bank that can lend to other banks in times of need.
  2. 3. The difference between a higher selling price and a lower purchase price, returning in a financial gain for the seller.
  3. 4. A card entitling its holder to buy goods and services based on the holder’s promise to pay for these goods and services.
  4. 7. The act of redirecting resources from being consumed today so that they may create benefits in the future; the use of assets to earn income or profit.
  5. 8. The ability to be used as, or directly converted to, cash.
  6. 9. Low-denomination bond issued by the United States government.
  7. 11. The difference between a lower selling price and a higher purchase price, resulting in a financial loss for the seller.
  8. 13. An institution for receiving, keeping, and lending money
  9. 14. A collection of financial assets.
  10. 15. A market for buying and selling stock.
  11. 16. A specific type of loan that is used to buy real estate.
  12. 18. Index that represents the prices of 500 different stocks.
  13. 21. Index that shows how certain stocks have traded.
  14. 23. The money an investor receives above and beyond the sum of money initially invested.